Times Might Be Tough Now,
But People Still Watch TV

By

Kay Larsen Dow Jones Newswires

Updated Nov. 9, 2001 12:01 a.m. ET

"Boss Talk" with Barclay Knapp, chief executive of NTL Inc.

OK, cable operator NTL Inc. doesn't claim to be recession-proof. But recession-resistant? Yes. No matter the economy, the company's thinking goes, people watch TV, they make phone calls and they surf the Internet.

But all isn't well. Listed on the New York Stock Exchange but operating solely in Europe, NTL has investors concerned about its debt of 12 billion...